Financial Risk Management by Insurers: An Analysis of the Process
Financial Risk Management by Insurers: An Analysis of the Process
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DOI：
10.2307/253730
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发表时间：
1997-02
影响因子：
1.9
通讯作者：
Anthony M. Santomero;D. Babbel
中科院分区：
文献类型：
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作者：
Anthony M. Santomero;D. Babbel
对金融服务公司进行了实地访问，以审查和评估其风险管理系统。在保险部门，这次评价涵盖了美国和国外著名的生命/健康和财产责任保险公司。所获得的信息涵盖了财务风险管理的理念和实践。本文概述了这项调查的结果。报告了该行业风险管理技术的现状。它报告了实践标准，并评估了如何以及为什么以选定的特定方式进行实践。此外，还在适当的时候提出批评意见。我们讨论了该行业最难解决的问题，当前用于分析风险的方法的缺点，以及当前风险管理程序中缺失的要素。
On-site visits to financial service firms were conducted to review and evaluate their risk management systems. In the insurance sector, this evaluation covered prominent life/health and property-liability insurers, both in the United States and abroad. The information obtained covered both the philosophy and the practice of financial risk management. This article outlines the results of this investigation. It reports the state of risk management techniques in the industry. It reports the standard of practice and evaluates how and why it is conducted in the particular way chosen. In addition, critiques are offered where appropriate. We discuss the problems which the industry finds most difficult to address, shortcomings of the current methodology used to analyze risk, and the elements that are missing in the current procedures of risk management.